By DCB Editorial, November 21, 2024
Honda believes it can transform the electric vehicle (EV) market by developing all-solid-state batteries, which promise to double driving range by the late 2020s and increase it by 2.5 times by the 2040s. These advanced batteries, replacing traditional liquid-state lithium-ion ones, also offer key benefits: improved safety, longevity, and cost-effectiveness.
To support this innovation, Honda is investing 43 billion yen ($277 million) in a pilot production line in Tochigi, Japan, set to launch in January 2024. The company aims to cut battery size by 50%, weight by 35%, and cost by 25% over the next five years.
Honda’s roadmap includes producing over 2 million EVs annually by 2030 and achieving a 100% EV and fuel cell vehicle sales ratio globally by 2040. President Keiji Otsu also hinted at potential collaborations with Nissan, which is developing its own solid-state battery technology, and emphasized openness to external partnerships.
Other automakers, like Toyota, are also advancing in this space, with plans to commercialize solid-state batteries by 2027-2028. As competition intensifies, Honda’s bold investments and innovations place it at the forefront of a more efficient, sustainable EV future.
